https://www.taxtmi.com/forum/issue?id=118443 Timing of supply for GST is governed by invoice issuance when goods are ready for supply; an invoice issued before removal is treated as supply in that tax period even if dispatch occurs later. If goods are not ready, invoice should not be raised. Accounting recognition under AS 9/Ind AS 18 depends on transfer of significant risks and rewards and may differ from GST timing, creating reconciliation differences between GST turnover and book revenue. en-us Fri, 24 Mar 2023 12:18:25 +0530 Thu, 23 Jan 2025 15:54:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118443 Timing of supply for GST is governed by invoice issuance when goods are ready for supply; an invoice issued before removal is treated as supply in that tax period even if dispatch occurs later. If goods are not ready, invoice should not be raised. Accounting recognition under AS 9/Ind AS 18 depends on transfer of significant risks and rewards and may differ from GST timing, creating reconciliation differences between GST turnover and book revenue. Discussion-Forum GST Fri, 24 Mar 2023 12:18:25 +0530 https://www.taxtmi.com/forum/issue?id=118443